Friday, September 25, 2026

Nigerian economist Bode Agusto buried in Portugal

Mr Agusto died on October 19 in Portugal at 68.

• October 25, 2023
Bode Agusto (credit: Businessday)
Bode Agusto (credit: Businessday)

Bode Agusto, a Nigerian economist and first director of budget and national planning, has been laid to rest in Portugal. 

Ibukun Awosika, the former chairman of First Bank of Nigeria and a friend of the deceased, confirmed this on her Instagram page on Tuesday.  

“Today, we laid to rest an amazing father, a dedicated husband, a loyal brother and friend, an astute professional of the highest calibre. A man of his word and consistent in his integrity through all seasons. An encourager of so many.

“Thank you for who you were; thank you for your support and encouragement through the years. You will definitely be missed. May your legacy through the institutions you founded, and the many lives you impacted continue to speak for you through generations,” she stated.

Mr Agusto died on October 19 in Portugal at 68. 

Mr Agusto graduated from the University of Lagos with a degree in accounting. He also held an executive certificate in strategy and innovation from the Massachusetts Institute of Technology.

He was a chartered accountant with an experience and practice of over 30 years, covering both the private and public sectors.

He was also the managing director of Agusto & Co, one of the first local credit rating agencies in Nigeria, which he managed for 11 years.

Before his death, Mr Agusto was an independent researcher and consultant on economics, finance, and business strategy.

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